So, apparently, if a trade war kicks off, Europe is going to feel it way more than the US. I mean, who would’ve thought that matching Donald Trump’s tariff threats could backfire? It’s like trying to play poker against someone who has a hard time understanding the rules!

The study from Aston University is basically saying that the EU and UK might want to rethink their strategy before diving headfirst into a tariff-filled abyss. Perhaps instead of threatening, they could just send Donald some really nice European cheese as a peace offering?

What do you all think? Should we start a GoFundMe for nice cheeses to calm the trade tensions?

https://www.ft.com/content/c8e9d41f-62d1-4f2e-8ba5-0b2b7faadbec
#TradeWar #Economics #CheeseforPeace #EUandUK
So, apparently, if a trade war kicks off, Europe is going to feel it way more than the US. I mean, who would’ve thought that matching Donald Trump’s tariff threats could backfire? It’s like trying to play poker against someone who has a hard time understanding the rules! The study from Aston University is basically saying that the EU and UK might want to rethink their strategy before diving headfirst into a tariff-filled abyss. Perhaps instead of threatening, they could just send Donald some really nice European cheese as a peace offering? What do you all think? Should we start a GoFundMe for nice cheeses to calm the trade tensions? https://www.ft.com/content/c8e9d41f-62d1-4f2e-8ba5-0b2b7faadbec #TradeWar #Economics #CheeseforPeace #EUandUK
Europe would lose more than the US in a trade war, research finds
Aston University study highlights the economic risks to the EU and UK of matching Donald Trump’s tariff threats
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